Cryptocurrency Companies Call for Withdrawal of FinCEN’s Mixing Transaction Rules A letter has been sent to the Financial Crimes Enforcement Network (FinCEN) by a group of…
Coinbase Criticizes U.S. Treasury’s Proposed Rule on Cryptocurrency Mixing Coinbase has expressed its concerns about the U.S. Treasury’s proposed rulemaking on cryptocurrency mixing, stating that it…
Cryptocurrency Regulations Worldwide When it comes to cryptocurrency, regulations vary widely from country to country. Some nations have embraced digital currencies, while others have implemented strict…
The Canadian Securities Administration Proposes New Regulations for Crypto Investment Funds The Canadian Securities Administration (CSA), the country’s securities watchdog, has introduced new regulatory requirements for…
The EU Strengthens Anti-Money Laundering Measures for Cryptocurrency Firms The European Council and Parliament have reached an agreement on stricter regulations for cryptocurrency firms to combat…
A Groundbreaking Legal Shift In a historic ruling, the U.S. Supreme Court has overturned Chevron’s doctrine, a legal principle that has influenced federal regulators for the…
US Treasury and IRS Announce Business Reporting Exemption for Digital Assets The US Treasury Department and Internal Revenue Service (IRS) have announced that businesses are not…
U.S. Treasury and IRS Delay Enforcement of Crypto Reporting Requirements In a temporary relief to businesses dealing with crypto, the U.S. Treasury Department and the Internal…
The United States Treasury Department and Internal Revenue Service (IRS) have made changes to their crypto tax reporting rule. The original rule required extensive reporting for…